Stock Trend Capital (XCNQ:PUMP) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jan. 2024)

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What is Stock Trend Capital Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Stock Trend Capital's cash to debt ratio for the quarter that ended in Jan. 2024 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Stock Trend Capital could pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Stock Trend Capital's Cash-to-Debt or its related term are showing as below:

XCNQ:PUMP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 5066.25 Max: No Debt
Current: No Debt

During the past 13 years, Stock Trend Capital's highest Cash to Debt Ratio was No Debt. The lowest was 0.11. And the median was 5066.25.

XCNQ:PUMP's Cash-to-Debt is ranked better than
99.93% of 1448 companies
in the Asset Management industry
Industry Median: 5.72 vs XCNQ:PUMP: No Debt

Stock Trend Capital Cash-to-Debt Historical Data

The historical data trend for Stock Trend Capital's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Stock Trend Capital Cash-to-Debt Chart

Stock Trend Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Apr19

Apr20

Apr21

Apr22

Apr23

Cash-to-Debt

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149.34

1.80

0.69

68.49

No Debt

Stock Trend Capital Quarterly Data
	Mar19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Stock Trend Capital's Cash-to-Debt

For the Asset Management subindustry, Stock Trend Capital's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Stock Trend Capital's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Stock Trend Capital's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Stock Trend Capital's Cash-to-Debt falls into.

Stock Trend Capital Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Stock Trend Capital's Cash to Debt Ratio for the fiscal year that ended in Apr. 2023 is calculated as:

Stock Trend Capital had no debt ⁽¹⁾.

Stock Trend Capital's Cash to Debt Ratio for the quarter that ended in Jan. 2024 is calculated as:

Stock Trend Capital had no debt ⁽¹⁾.

Stock Trend Capital (XCNQ:PUMP) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Stock Trend Capital Cash-to-Debt Related Terms

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Stock Trend Capital (XCNQ:PUMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Stock Trend Capital Inc (XCNQ:PUMP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

STOCF:USA P0G:Germany

Address

217 Queen Street West, Suite 301, Toronto, BC, CAN, M5V 0R2

Website

https://www.stocktrend.com

Stock Trend Capital Inc is an investment company mainly focused on the Canadian cannabis and cannabis-related industries. The firm's primary objective is to invest its funds for the purposes of generating returns from capital appreciation and investment income.